Quild Mini🦄 #115: Netspring

This is the Quild Minicorn, highlighting one future of work minicorn daily - early-stage startups with statistically significant signals of becoming a unicorn.

NetSpring is a cloud application platform-as-a-service for quick, continuous, AI/ML-assisted, actionable business insights from operational event data. NetSpring's Operational Intelligence Platform serves use cases such as product and behavioral analytics, customer experience, IoT, supply demand management, financial risk management, personalization, data observability etc.

Founders: Abhishek (Chief Architect), Priyendra (CTO), Satyam, Vijay (CEO)

Signals:

1. Repeat unicorn founders

   1. Abhishek, Priyendra and Vijay co-founded ThoughSpot, where Satyam was a principal engineer. Thoughtspot last raised $100M at $4.5 billion valuation.

2. Top company alumni

   1. Abhishek was an engineer at Google and VMWare for 7 years

   2. Priyendra was an engineer at Compass and Google for almost 10 years

   3. Satyam was an engineer at Google for 1 year

   4. Vijay led engineering teams at Oracle and Siemens for 13 years

3. Top university alumni

   1. Abhishek graduated from Stony Brook (MS) and IIT (BS)

   2. Priyendra graduated from Stanford (MS) and IIT (BS)

   3. Satyam graduated from IIT (BS)

   4. Vijay graduated from North Carolina State Univeristy (PhD, MS) and IIT (BS)

4. Fast team growth

   1. Grew 2.3x YoY to 28 employees

   2. And hiring more

5. Midas list investors

   1. Khosla led seed

Till tomorrow, Kenn